Tag: basic income

There is new evidence that raising the minimum wage pushes business owners to replace low-skilled workers with automation. And it shows that old, young, female and black low-skilled workers face the highest levels of unemployment after a minimum wage increase.

Economists Grace Lordan of the London School of Economics and David Neumark of UC Irvine studied 35 years of government census data for their working paper, which was released in August, titled " People Versus Machines: The Impact of Minimum Wages on Automatable Jobs ."

"Based on [current population survey] data from 1980-2015, we find that increasing the minimum wage decreases […]

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Pia Malaney (Economist) joins Dave Rubin to discuss Trump, Bernie and middle America, industries collapsing, the possible effects of basic income, the automation of jobs, the role of economics in politics, a left leaning economists view of why lower taxes aren’t always the answer, and more. ***Subscribe: http://www.youtube.com/subscription_center?add_user=RubinReport

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Stay tuned for Dave’s full interview with Pia Malaney airing tomorrow, Friday 8/18.WATCH – “The Left is No Longer Liberal”: https://www.youtube.com/watch?v=Tq86Beh3T70****** The Rubin Report is fan funded: http://www.rubinreport.com/donateSUPPORT MONTHLY (Patreon): https://www.patreon.com/rubinreportSUPPORT MONTHLY or ONE TIME (PayPal): http://www.rubinreport.com/donateWhat are your thoughts? Comment below or tweet to Dave: https://twitter.com/RubinReportSign […]

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Zuckenberg talked about Basic income to all in the world. Gates have the solution to finance it: Make robots pay taxes. Img credits: Winnipeg Free press.

In today’s western world automatic and robotic manufacturing is very limited because these take jobs from people. By introducing a national basic salary to all we eliminate the issue. By making using the latest technology in automatic and robotic manufacturing we get higher production and actually more tax income. Img credits: magoda

We would have less stress related problems and most of the institutions that take care of unemployment, social security, pensions, could be closed […]

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Richard Branson says universal basic income ‘important’ as tech reduces jobs UPI – Top News (Today) – Richard Branson said universal basic income might be a valid method of dealing with the advent of technology reducing the overall number of jobs for workers….

Richard Marx marks opener with ballads and banter Las Vegas Review-Journal – Entertainment (Today) – In his residency at Flamingo Las Vegas, Richard Marx strums his guitar and plays piano through his many hits….

‘Resilient’ Richard punctuates wacky season with shutout U-T San Diego – Most Recent (Today) – The wacky, warped season hatching […]

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Aug 17, 2017 (LBO) – Billionaire Richard Branson has joined the growing number of voices urging caution against rapid uptake of AI and automation that may lead to governments paying workers’ salaries.

Governments will have to implement “universal basic incomes” in effect paying workers’ salaries, if automation does take root.

Analysts say the fourth industrial revolution goes hand in hand with the ‘gig’ economy. This is where workers get paid for short-term work they do, such as being couriers, ride-hailing drivers or video producers.In the UK an estimated five million people are employed in this way.Such workers, classed as independent contractors, […]

Full Post at www.lankabusinessonline.com

CEO and Founder of Virgin Group Sir Richard Branson speaks at Climate Week NYC event at the Morgan Library and Museum in New York City on September 22, 2014. On August 14, the billionaire came out in favor of universal basic income due to the possibility technology will reduce jobs. Photo by John Angelillo/UPI | License Photo

Aug. 17 (UPI) — Billionaire Sir Richard Branson said in a blog post that universal basic income might be a valid method of dealing with the advent of technology reducing the overall number of jobs for workers.

"A lot of exciting new innovations are […]

Full Post at www.upi.com

Virgin boss says the concept of a ‘universal basic income’ should be further explored to see how it can work practically

Cites Finland as an example of countries where trials are already happening

The hope is that the policy can help people struggling to get on their feet, be entrepreneurial and be more creative without fear of losing money Richard Branson , says he believes a ‘universal basic income’ could be the way of the future and he would like to see more countries experiment with the ideaEccentric billionaire businessman, Richard Branson , says he believes a ‘universal basic […]

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Sir Richard Branson has joined the ranks of billionaire entrepreneurs extolling the virtues of giving people a universal basic income.

The Virgin founder said that the rise of Artificial Intelligence (AI) and new technology means that many jobs will be replaced in future.

Why advertise with us He said that he was in Finland which is experimenting with paying its unemployed citizens 560 euros a month, replacing previous social benefits.The scheme is open to 2,000 Finns aged between 25 and 58, and Branson said it was good that it encouraged the dignity and purpose of work without the fear of […]

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Virgin Group founder Richard Branson warns about tech taking over jobs and points to a solution. Close

Billionaire and Virgin Group founder Richard Branson is the latest businessman to say that universal basic income (UBI) can help people as jobs are lost to automation.

In a post, Branson detailed his experience is Finland, where the country is already experimenting with UBI. Since January, Finland has been paying those who are unemployed €560, part of its two-year experiment on 2,000 Finns aged 25-58. The money, which replaces previous benefits, is paid even if the individual finds a job, in an effort to […]

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